Brad Olsen: Infometrics Principal Economist on the recent drop in housing consents - Heather du Plessis-Allan Drive

The coalition Government wants more homes to be built cheaper and faster, yet official data shows an annual 7.2 percent drop in the sector.

New data from Stats NZ shows that in the year ended January 2025, there were 33,812 new homes consented, down 7.2 percent compared with the year ended January 2024.

Infometrics Principal Economist Brad Olsen explains further.

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